Hussain Harun
Is the landlord right or tenant right? Notice to leave in WI
Hi All,I had an interesting question I wanted to pose. Say you as a landlord in Wisconsin have one year leases that automatically turn into month to month leases. If you have a tenant who went into their month to mont...
Katrina O'Bannon
Hard Money Loan Draws
I have a current deal in process and my hard money lender (Zeus Lending) is taking about a month to do a simple draw request for work that has been completed. With this timeframe it will take several months to complet...
Jaago Viitkin
Liens After Forclosure
I am bidding on an auction in Miami Dade and Broward County Florida.I know if the bank owns the house, but it is vacant then the unpaid HOA fees will be paid by the bank. If the house is occupied, but the bank still o...
Eric Stewart
Unpaid utility bill
I’ve had a horrible tenant this first year with my property. Let’s just say that this was not a good start to my RE business. Anyway, the tenant didn’t pay their water bill for the duration of the lease and now $2000 ...
Anthony Reyes
Buying an occupied forclosure
Hi all, I am wondering how you approach a property purchased as foreclosure to find our if it’s occupied. Can I just show up, knock and if no one answer kick the door in? (I wish). If it is occupied how should I appro...
Ray Slack
Question about Lien on Upset tax sale Purchase
Hello all my PA genius investors!
Need some advice. I purchased a property at Luzerne County PA upset sale and I know I'm responsible for liens/mortgages ect.
My question is this.. there is a PA commonwealth lien...
Corey Demuth
Interested in a property, but current tenants' rents are way under market. Suggestions?
I am interested in a 2F property upstate, and everything seems solid. However, my numbers are based on MARKET rents for that area. Initially I did not know whether the current tenants had leases and/or what they were ...
Arya Chen
Please Help - Self Storage Deal Analyze
I’m working on analyzing the following self-storage properties and wanted to see if my approach makes sense. I'm still learning the ropes, so any suggestions or advice would be greatly appreciated!
For these properti...
Spud Davis
Add bedroom - Increase Rents - Adding Value
Hello friends,
I'm looking to acquire my first multifamily property. One property I'm looking at has four 1-bedroom units (all occupied) $900/mo, and I plan to add a bedroom making them 2 bedroom units 1,300/mo. My ...
Colleen A Levitt
DSCR out of a DSCR?
About 6 months ago we purchased a duplex using a DSCR loan. The original intention was to do a light cosmetic rehab and rent it out. We put 20% down at 8.25% on a property with a $136k purchase price. Loan is just ove...